First Trust Alternative Absolute Return Strategy ETF
FAAR
31 hedge funds and large institutions have $25.1M invested in First Trust Alternative Absolute Return Strategy ETF in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 6 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
28% more capital invested
Capital invested by funds: $19.5M → $25.1M (+$5.53M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 30 → 31 (+1)
15.12% less ownership
Funds ownership: 81.18% → 66.06% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.42M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.06M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$877K |
| 5 |
Jane Street
New York
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SF
Synovus Financial
Columbus,
Georgia
|
-$1.88M |
| 2 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
-$250K |
| 3 |
FA
Faithward Advisors
Lancaster,
Pennsylvania
|
-$204K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$71.7K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$56K |
FAAR Hedge Fund Activity: Q2 2020 in Review
31 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Alternative Absolute Return Strategy ETF (FAAR) for Q2 2020, worth a combined $25.1M — up 28% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAAR positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $1.42M. The largest seller was Synovus Financial, exiting entirely with an estimated $1.88M sold.
- 31 institutional investors held First Trust Alternative Absolute Return Strategy ETF (FAAR) as of Q2 2020, up from 30 in Q1 2020.
- Funds reported $25.1M of First Trust Alternative Absolute Return Strategy ETF stock for Q2 2020, up 28% quarter-over-quarter.
- 7 funds opened new First Trust Alternative Absolute Return Strategy ETF positions in Q2 2020 and 6 closed out, a net change of +1 holder.
- The largest First Trust Alternative Absolute Return Strategy ETF buyer in Q2 2020 was Avantax Advisory Services, an estimated $1.42M added.
- The largest First Trust Alternative Absolute Return Strategy ETF seller in Q2 2020 was Synovus Financial, an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2020.